Arab Engineering Industries Balance Sheet Health
Financial Health criteria checks 5/6
Arab Engineering Industries has a total shareholder equity of EGP166.5M and total debt of EGP91.7M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are EGP274.5M and EGP108.0M respectively. Arab Engineering Industries's EBIT is EGP71.5M making its interest coverage ratio 5.2. It has cash and short-term investments of EGP32.4M.
Key information
55.1%
Debt to equity ratio
ج.م91.72m
Debt
| Interest coverage ratio | 5.2x |
| Cash | ج.م32.43m |
| Equity | ج.م166.52m |
| Total liabilities | ج.م108.02m |
| Total assets | ج.م274.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EEII's short term assets (EGP141.7M) exceed its short term liabilities (EGP83.2M).
Long Term Liabilities: EEII's short term assets (EGP141.7M) exceed its long term liabilities (EGP24.8M).
Debt to Equity History and Analysis
Debt Level: EEII's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: EEII's debt to equity ratio has increased from 7.5% to 55.1% over the past 5 years.
Debt Coverage: EEII's debt is well covered by operating cash flow (67.7%).
Interest Coverage: EEII's interest payments on its debt are well covered by EBIT (5.2x coverage).